Digital Equipment Corp. (DEC) Message Board

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Technology Stocks : Digital Equipment Corp. (DEC)

DEC 15.35

+3.7%

Nov 14 9:30 AM EST

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To: stock bull who wrote (3064)	3/19/1998 1:18:00 PM
From: hossein hosseini	Read Replies (2) of 3276

Time to buy DEC LEAPS? well I kind of decided that now may be a good time to buy those DEC LEAPS I mentioned before, so I bought 5 LDCAF (DEC 2000 30 calls).My price was $20.50 My reasons are as follows: 1. Seems like the merger will go through. Talked to a few friends at DEC. They indicated that CPQ is already running DEC. 2. With these leaps it is as if you are buying CPQ for $20.50, 15% below current price of $24. 3. CPQ share prices have corrected almost 40% from their high. 4. Without the deal, you have until Jan 2000 for DEC to be over $50. 5. Last but not least estimated FY99 earnings of $4.22 as follows: NEW YORK, March 19 (Reuters) - SoundView Financial said Thursday that analyst Gary Helmig lowered earnings estimates on Digital Equipment Corp. for this and next fiscal year. -- Cut earnings estimate for Q3, ending March, to $0.41 per share from $0.45. -- Cut FY 98, ending June, estimate to $2.13 from $2.28 and FY 99 estimate to $4.22 from $4.36. I could be wrong. Would like to hear your thoughts. Good luck to all,

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